House prices in Elmbridge have gone down by an average of over £2,000 in the month of January, according to figures from the Land Registry.

Elmbridge is one of the most expensive area to buy a property in the UK despite this month's dip in prices.

The latest data from the government department reveals that in January 2023 average house prices in Elmbridge reached £717,256.

This was down from £719,315 in December, representing a 0.3 per cent decrease. In the last 12 months it has risen by 3.3 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Elmbridge here.

How much have house prices decreased in Elmbridge?

Breaking it down for specific types of housing, all prices saw a decrease.

  • Detached houses - Down to £1,539,135 from £1,539,938 in December
  • Semi-detached houses - Down to £733,873 from £735,735 in December
  • Terraced houses - Down to £568,016 from £570,962 in December
  • Flats - Down to £366,942 from £368,513 in December

Your Local Guardian: What%are%the%latest%house%prices%in%Elmbridge%? (PA)What%are%the%latest%house%prices%in%Elmbridge%? (PA)

How do Elmbridge house prices compare to the UK average?

Despite the fall in prices this month, Elmbridge is still far above the UK average with a typical property value in the nations reaching £289,818 in January.

In cash terms, the average house price in January was £17,080 higher than a year earlier with house price growth accelerating to 6.3 per cent in January 2023. Prices were down by -1.1 per cent month on month.

How much could your house be worth?

We have created this map for the South East so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Elmbridge are the most expensive for average house prices.